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Prospect Plaza 1301-1351 W 38th Ave
1,732 SF of Retail Space Available in Denver, CO 80211
Highlights
- The center is located on the PM side of the road and has a Seven-Eleven, Liquor Store, Chinese Restaurant and Mid Modern Furniture store.
- The location is less than 10 minutes from Ball Park, RINO, and the Central Business District of downtown Denver.
- The available square footage ranges from 990/SF to 4,000/SF; This provides a great opportunity for National, Regional, or Local businesses.
- Ownership is local and very engaged with their existing Tenant mix and looking to add-value to the Sunnyside and LoHi neighborhoods.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1347 | 1,732 SF | 3-10 Years | $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $4,619 /MO $55,424 /YR | Triple Net (NNN) |
1339-1351 W 38th Ave - 1st Floor - Ste 1347
Space will be converted to a warm vanilla shell.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Prospect Plaza
- Tenant
- Description
- US Locations
- Reach
- China Dragon
- Restaurant
- 1
- -
- Prospect Plaza
- Real Estate
- 1
- -
- Rent-A-Center
- Rental Shop
- 3,377
- International
- West Thirty-Eighth Avenue Discount Liquor Store
- Cocktail Bar
- 1
- -
Tenant | Description | US Locations | Reach |
China Dragon | Restaurant | 1 | - |
Prospect Plaza | Real Estate | 1 | - |
Rent-A-Center | Rental Shop | 3,377 | International |
West Thirty-Eighth Avenue Discount Liquor Store | Cocktail Bar | 1 | - |
PROPERTY FACTS FOR 1301-1351 W 38th Ave , Denver, CO 80211
About the Property
Prospect Plaza is a neighborhood center with approximately 16,300 S.F. of shop surrounded by a vibrant community and a stone's throw from the business district. There are approximately four vacancies, consisting of a prime end-cap facing W. 38th Avenue, comprised of 4,000 SF, as well as three smaller vacancies ranging in size from 990 SF, 1,140 SF, 1,400 SF, and 1,960 SF. A number of end-users and businesses are looking to access this highly established and diverse neighborhood consisting of LoHi and Sunny Side. Opportunities within this trade are rare!
- Pylon Sign
Nearby Major Retailers
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Prospect Plaza | 1301-1351 W 38th Ave
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